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Brazil to import less fuel as Petrobras grabs market share

Bloomberg Brazil fuel imports are set to fall from a record as the country’s state-owned oil company lowers prices in a bid to regain market share. Petroleo Brasileiro SA, which owns 13 out of the 16 refineries in the country, cut diesel prices by 47 percent and gasoline by 38 percent at the refinery gate since January. As a result ...

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‘Brexit straining EU’s united front’

Bloomberg National interests are starting to test the united front that the 27 remaining European Union members have shown so far during the Brexit talks, according to three people with knowledge of the process. Less than a week before EU leaders meet to consider a transition deal for the UK, their officials have aired their differences over the way forward, ...

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Siemens Healthineers shares up 7pct after $5 billion German IPO

Bloomberg Siemens Healthineers AG shares soared in their trading debut in Frankfurt after the health-equipment company’s German parent raised 4.2 billion euros ($5.2 billion) in the country’s second-biggest initial public offering in almost two decades. Stock in the maker of medical scanners and X-ray machines rose as much as 6.8 percent and was 5.8 percent higher at 29.63 euros on ...

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